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To: Dale Baker who wrote (3404)	3/8/1999 5:06:00 PM
From: Dale Baker	Respond to of 118717

What a day...thanks to CMGI, EPAY, RNWK, WCOM, MXTR, MFNX and even MFCO, up 7% for the day. Those don't come around too often. Wondering if we will sell off or keep going tomorrow. Rock 'n roll!

To: Dale Baker who wrote (3404)	3/9/1999 12:43:00 AM
From: Jon K.	Read Replies (1) \| Respond to of 118717

Dale, great call on CMGI. I got killed shorting CNET. so now I'm thinking going long tomorrow. You know "if you can't beat 'em join 'em" <g> RE: NOVL, don't you think PC market is slowing down? AMD, COMS getting killed blaming on slow market... Jon

To: Dale Baker who wrote (3404)	3/9/1999 12:54:00 AM
From: Dale Baker	Respond to of 118717

VRIO on MSN: Bandwidth, baby: We've talked a lot about the soaring stocks of consumer Internet service providers MindSpring Enterprises (MSPG), EarthLink Network (ELNK) and America Online (AOL), but there are a couple of other ideas that have not yet hit the mainstream. Near the top of anyone's Web value list today should be Verio (VRIO), which impressed investors at the conference with its strategy of becoming the leading ISP for the nation's millions of small- to medium-sized businesses that don't have in-house IT staffs to focus on Internet working issues. A Verio executive noted that despite strong competition from MCI WorldCom (WCOM), the Baby Bells and the likes of MindSpring, the nation's tiny independent ISPs still have 50% of the business market. The reason: Small businesses like the idea of being able to call a local salesman or technician for help. Verio is buying up a lot of those small ISPs around the world and keeping their local sales forces in place. The exec said only 15% of small U.S. businesses today are on the Net, but ultimately you can bet they will all be hooked up and require hosting services. He called it a $100 billion market, and no one around me flinched. Verio also has a strong OEM business. Four of the six top regional Bell operating companies use the company for Web hosting, which means that even when a small business thinks it's signing up with a Bell company to host its online widget catalog, it has actually become a Verio customer. (The names of the OEM clients are confidential). And in addition to providing connectivity, Verio is ramping up a program that will let small businesses rent time on super-expensive enterprise resource planning software from companies like PeopleSoft (PSFT). The company recently completed a $400 million bond offering that spooked investors, and it has not wrung expenses out of its 60-plus acquisitions as quickly as many expected. Last quarter's results were moderately disappointing, so the stock is not much above the level at which it became public last May. With the current price rising 10% this week to $31.50 after positive comments from CIBC Oppenheimer, it could see further strong appreciation if it stays on track -- either on its own or as "monster meat," the current slang for strong niche companies that could be acquired by Web industry giants. Already, a unit of MCI WorldCom owns 17% of the firm. (Its limited operating history, however, makes it, like most companies in the space, very high risk.)